Annual Report 2012/13 - Melbourne Cricket Club

Melbourne Cricket Club & Controlled Entities
Concise Report
Committee Report (continued)
Significant Changes in the State of Affairs
There have been no significant changes in the Club’s state
of affairs during the financial year.
Significant Events after the Balance Date
There have been no significant events occurring after balance
date, which may affect either the Club’s operations, or results
of those operations, or the Club’s state of affairs.
Likely Developments and Expected Results
The Committee does not expect any significant changes to
the operations of the Club.
Environmental Regulation and Performance
The Club has updated its Environmental Management Plan and system
for the MCG to reflect objectives and targets for 2012/13 and beyond.
The plan establishes guidelines for energy, water and waste
management and the obligations associated with legislative compliance
and meeting social expectations. The Club has completed an
environmental detailed facility study as part of the Greener
Government Buildings Program which has identified additional energy
reduction strategies to be implemented during 2013/14.
Major undertakings during 2012/13 include the completion of the
Water Recycling Facility, the landscape upgrade of Yarra Park, the third
pipe water distribution system within the MCG, the updating of the
Environmental Management system, the establishment of the MCC
environmental committee, improvements to waste management
processes and annual reporting to the Department of Climate Change
through the National Greenhouse and Energy Reporting System.
Security
Given the MCG’s status as an iconic event venue in Australia, the Club
has placed high importance upon the management and mitigation of
security risk issues. Accordingly, several strategic security management
initiatives are ongoing. These measures have enhanced the safety of
ground users on event and non-event days. The Committee and Club
management will continue to develop and implement security risk
reduction strategies.
Safety
The Club provides a strong focus on Occupational Health and Safety at
the MCG. This is evidenced by the Club maintaining its Advanced
SafetyMAP accreditation following the annual independent audit.
SafetyMAP covers Committee, staff, contractors and MCG tenants
and is always under review.
The review of policies and procedures occurs regularly through
reporting to the Committee and its Sub-Committees, management and
staff and Health and Safety Committee.
Indemnification and Insurance
of Committee Members
The Club provided and paid premiums for Directors and Officers
Liability and Legal Expenses insurance contracts, covering members of
the Committee, and the Directors, Executives and Statutory Officers of
the Club.
The insurance is in respect of legal liability for damages and legal
costs arising from claims made by reason of any omission or acts (other
than dishonesty) by them, whilst acting in their individual or collective
capacity as members of the Committee or officers of the Club.
The total amount of insurance contract premiums paid during the
period was $46,500.
Rounding
The financial report is presented in Australian dollars and all values are
rounded to the nearest thousand dollars ($’000) (where rounding is
applicable, with the exception of Auditors’ Remuneration) under the
option available to the Club under ASIC Class Order 98/0100. The
Club is an entity to which the Class Order applies.
Signed in accordance with a resolution of the Committee.
Paul Sheahan
President
Michael J. Happell
treasurer
Melbourne, 5 July 2013
MCC Annual Report 2012/13
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